Lee & Associates-LA North/Ventura negotiated the sale of a 63,000-square-foot office building in Beverly Hills, Calif.

The value of the transaction was approximately $12.7 million.

Built in 1963 and renovated in 1997, the five-story building is located at 8447 Wilshire Blvd.

Trevor Belden and Scott Romick, principals in the firm’s LA North/Ventura office, represented the buyer, 8447 Wilshire Blvd. Associates LLC. Jeff Resnick of First Property represented the seller, Koar Technology.

Sherman Oaks, Calif.-based Lee & Associates-LA North/Ventura Inc. commercial real estate services extends throughout the San Fernando Valley and surrounding communities.

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